Canada - Cattle and pork producers given more time to repay cash advances

Cattle and hog producers facing hard financial times now have until September 30, 2010, to repay cash advances under the Advance Payment Program (APP). The extension of the repayment deadline for livestock advances was announced today by Agriculture Minister Gerry Ritz. In addition, the first $100,000 of each producer’s advance will continue to be interest-free.

Monday 26 January 2009 (9 years 10 months 23 days ago)

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Cattle and hog producers facing hard financial times now have until September 30, 2010, to repay cash advances under the Advance Payment Program (APP). The extension of the repayment deadline for livestock advances was announced today by Agriculture Minister Gerry Ritz. In addition, the first $100,000 of each producer’s advance will continue to be interest-free.